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ING Appoints Senior Executives

To deliver steady growth in five geographic regions

ING has named Rob Leary as chief executive officer of ING Insurance US, Ewout Steenbergen as CFO of ING Insurance US and Jeff Becker as CEO of ING Investment Management, Americas.

Previously, Leary was CEO of ING Investment Management, Americas. Leary’s appointment as CEO follows ING’s announcement from 26 October that Tom McInerney, currently CEO ING Insurance Americas, had been named Chief Operating Officer of ING Insurance, effective 1 January, 2010.

Leary will be one of six global insurance/investment management CEOs reporting to McInerney as part of ING’s new global insurance/investment management structure.

Prior to being named CEO of ING Insurance U.S., Leary spent over two years as CEO of ING Investment Management, Americas. As CEO, he was responsible for all investment management operations in North and South America. Leary’s role at ING Investment Management, Americas will be filled by Jeff Becker, previously, vice chairman, chief operating officer, and head of Business Management and Strategy, ING Investment Management, Americas.

ING Insurance US also announced that Ewout Steenbergen has been named CFO of ING Insurance US. Mr Steenbergen assumes the US responsibilities currently held by David Wheat, who has announced his retirement and intention to pursue other opportunities.

Prior to accepting this role in the US, he was chief financial and risk officer for ING Insurance Asia/Pacific. While in that role, he managed and supervised the financial performance of the region, business line financial, and non-financial risk functions.

As COO, ING Investment Management, Americas, Becker had responsibility for leading the division’s Strategic Planning, Financial Management, Operations, Technology, Compliance, and other business management activities.